Acceptance Insurance Announces New Directors.Business Editors OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb.--(BUSINESS WIRE)--April 12, 2001 Acceptance Insurance Companies Inc. (NYSE NYSE See: New York Stock Exchange :AIF AIF Annual Information Form AIF Apoptosis-Inducing Factor AIF Agence Intergouvernementale de la Francophonie (French: Intergovernmental Agency for Francophony) AIF Australian Imperial Force ) announced today that Myron L Edleman and Richard L. Weill have been appointed Directors of the Company. Mr. Edleman, 58, owns and operates Edleman Ranches and Split Rock Cattle Company in Willow Lake, South Dakota Willow Lake is a city in Clark County, South Dakota, United States. The population was 294 at the 2000 census. Geography Willow Lake is located at (44.627892, -97.637982)GR1. , and raises soybeans, corn and other crops. Mr. Edleman also is Past Chairman and a Director of AgAmerica Farm Credit Bank, the Farm Credit Council, the Farm Credit Foundation and a member of numerous agricultural trade associations. Mr. Weill, 58, is Vice Chairman of MBIA MBIA Montana Building Industry Association MBIA Municipal Bond Insurance Association MBIA Michigan Boating Industries Association MBIA Municipal Bond Investors Assurance MBIA Massachusetts Brain Injury Association MBIA Maryland Business Incubation Association Insurance Corporation (NYSE:MBIA), in Armonk, New York Armonk is a census-designated place (CDP) located in the town of North Castle in Westchester County, New York. As of the 2000 census, the CDP population was 3,461. Armonk is home to the headquarters of IBM. , responsible for insured portfolio management, investor and government relations and other MBIA operations. From the inception of the concept of municipal bond insurance Municipal bond insurance An insurance policy which guarantees payment on municipal bonds in the event of default . municipal bond insurance A guarantee from a third party that principal and interest will be paid to a bondholder. in the late 1960s, Mr. Weill was involved with the entrepreneurial group that created MBIA and its predecessors. Mr. Weill also is a Trustee of the University of Nebraska Foundation and practiced law in Omaha, Nebraska prior to joining MBIA in 1989. Acceptance Chairman Michael R. McCarthy said, "We are very pleased to have Myron and Dick join our Company's Board of Directors. Our Nominating Committee sought individuals with a thorough understanding of production agriculture and insurance, and strong business experience. We could not have found two individuals better suited to help us continue the transformation of Acceptance into the country's premier agricultural risk insurer, and more." Acceptance said Mr. Edelman was appointed in late March to fill a vacancy created by the resignation of Jay A. Bielfield, a director since 1992. Mr. Weill was appointed earlier this month and restores the Board to its traditional nine members. Acceptance Insurance Companies Inc. is an insurance holding company providing specialized crop insurance products throughout the United States. American Agrisurance, the Company's wholly owned crop insurance marketing subsidiary, is a widely recognized leader in the crop insurance industry. Contacts: |
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